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Bitcoin and crypto investors hit with flood of IRS letters, say tax experts
NewsOctober 2, 20263 min read

Bitcoin and crypto investors hit with flood of IRS letters, say tax experts

Crypto investors are poised for record returns on Bitcoin and other digital assets—and so, too, is the taxman. The Internal Revenue Service has sent U.S. crypto investors a flood of…

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Robinhood plans to launch its own blockchain, offers ‘Stock Tokens’ in EU
NewsOctober 2, 20263 min read

Robinhood plans to launch its own blockchain, offers ‘Stock Tokens’ in EU

The online brokerage Robinhood is doubling down on its crypto ambitions. On Monday, the company announced that it was letting customers in the European Union trade U.S. stocks and ETFs…

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Trump family’s Bitcoin-mining company raises $220 million
NewsOctober 2, 20263 min read

Trump family’s Bitcoin-mining company raises $220 million

The Trump family’s crypto business is increasingly becoming a bet on Bitcoin. On Monday afternoon, American Bitcoin, a cryptocurrency mining and holding company backed by Eric Trump and Donald Trump…

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Michael Saylor’s Strategy to join Wall Street elite with $14 billion windfall
NewsOctober 2, 20263 min read

Michael Saylor’s Strategy to join Wall Street elite with $14 billion windfall

Michael Saylor’s Strategy is likely to register an unrealized gain of about $14 billion in the second quarter, putting the once floundering enterprise software maker turned leveraged Bitcoin proxy among…

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Exclusive: Coinbase buys token manager Liquifi as crypto M&A heats up
NewsOctober 2, 20263 min read

Exclusive: Coinbase buys token manager Liquifi as crypto M&A heats up

In 2024, the U.S.’s largest crypto exchange acquired three companies. This year, Coinbase has already bought five, including its most recent acquisition: the token management platform Liquifi. Aklil Ibssa, head…

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BlackRock Bitcoin ETF drives more revenue than its S&P 500 fund
NewsOctober 2, 20263 min read

BlackRock Bitcoin ETF drives more revenue than its S&P 500 fund

At the world’s biggest asset manager, a Bitcoin exchange-traded fund now generates more revenue than its signature tracker of the S&P 500 Index. Recommended Video The roughly $75 billion iShares…

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Solana’s first ETF goes live as crypto analysts predict surge of new altcoin funds
NewsOctober 2, 20263 min read

Solana’s first ETF goes live as crypto analysts predict surge of new altcoin funds

First Bitcoin, then Ethereum, and now Solana. The crypto industry is flooding traditional markets with assets pegged to cryptocurrencies that mom-and-pop investors can buy up from their brokerage accounts. On…

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Exclusive: Telegram blockchain startup TOP raises $28.5 million as messaging platform expands crypto footprint
NewsOctober 2, 20263 min read

Exclusive: Telegram blockchain startup TOP raises $28.5 million as messaging platform expands crypto footprint

Crypto has a new unicorn. The Open Platform, one of the main app developers on the blockchain chosen by the messaging app Telegram, announced Thursday that it had raised a…

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Secret Service in U.S. expands a global push against crypto scams
NewsOctober 2, 20264 min read

Secret Service in U.S. expands a global push against crypto scams

The scam began with a message, then a friendly exchange. A stranger directed the victim to a cryptocurrency investment site that appeared professional — slick design, charts, even customer support.…

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Strategy posts $14 billion unrealized gain in second quarter
NewsOctober 2, 20262 min read

Strategy posts $14 billion unrealized gain in second quarter

Michael Saylor’s Strategy registered an unrealized gain of $14.05 billion in the second quarter due to a rebound in Bitcoin’s price and a recent accounting change. Recommended Video The unrealized…

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